5 Remodel Projects with the Highest Return on Investment

5 Remodel Projects with the Highest Return on Investment

Micki Howl
Oct 10, 2011

In this market, many homeowners are holding off listing their house, opting for remodeling while they wait for the market to stabilize. For every remodel, the hope is that the initial investment will yield a high return (80% is ideal) when it comes time to sell your home. Angie's List highlights the top five home remodel projects with the highest return on investment. Want to see what made the list?

1. The Kitchen:
Angie's List says that a "fresh face on your kitchen is your best investment." Stick to budgeting the cost of the remodel to no more than 20% of the value of your home.
Expected return on investment: 85%

2. The Bathroom
Update your old bathrooms. Current trends are siding with stand up showers rather than garden tubs. Most major bathroom remodels can be done for under $20,000.
Expected return on investment: 80%

3. Decks
The cost of putting in a new deck on your home can vary widely depending on the materials and labor used. If you decide to add this to your home, look closely at what the neighbors have done and stick to the neighborhood aesthetic. Choose building materials and sealants that will go the distance to keep your deck in good "showing" shape.
Expected return on investment: 80%

4. Siding
Updating or repairing your home's facade is the quickest way to instantly bring freshness to your home. This is one of the lower cost remodels in the group, approximately $10,000 (depending on the size of your home).
Expected return on investment: 80%

5. Window replacement
Buyers love energy efficient homes and until you're ready to sell, you will too. Replace old windows with higher efficient and safer windows. Not only will it update the exterior look of your home, it will lower your electric bills.
Expected return on investment: 70%

Source: Angie's List Magazine
Image: Kitchen Renovations: Best Decisions & Biggest Regrets

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